Industry Analysis & Industry Trends
The industry has had to battle against tough external competition. Many department stores and international brands started selling children's clothing in Canada, which reduced the overall price point at which such items are sold. Additionally, significant volatility in the price of cotton has resulted in shrinking profit margins. However, the industry has slowly recovered from the financial crisis, increasing slightly over the past five years. In the next five years, per capita disposable income is expected to rise and a falling unemployment rate will support stronger industry revenue growth. Nevertheless, the industry will continue to experience intense competition from alternative retailers, threatening industry growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four industry players are expected to account for less than 55.0% of industry revenue in 2015, giving this industry a moderate level of concentration. Over the past five years, market share concentration has increased and in 2010, the industry's two largest companies, Gap Inc. and The Children's Place accounted for 37.0% of revenue, while in 2015, they are expected to account for 46.1% of revenue.
However, industry competition is high and is expected to intensify over the next five years as a greater number of international retailers enter the Canadian clothing retail market... purchase to read more